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20130318
20130326
Search Results 0 to 7 of about 8 (some duplicates have been removed)
setback for chancellor angela merkel, just when she needed a victory with hard-hit eurozone economies contracting and german taxpayers nervous of the cost of bailouts. opposition parties are demanding the chancellor improve her track record. >> the fiscal cliffhanger in cyprus has turned into a major headache for angela merkel in her role as crisis manager. for many on the island, germany as part of the problem, but she points out that the troika is the negotiating partner for any bailout, not germany. >> politically, it is important that cyprus create a sustainable banking sector for the future. their current model is not sustainable. >> merkel also stressed that the eu had requested a levy on private accounts above 100,000 euros and not the 20,000 suggested by cyprus' government, but the german government says the cyprus debacle is covered in angela merkel's fingerprints and she must find a solution. >> the chancellor must make sure that the deal is struck which represents the interests of cyprus and stabilizes the european economic zone. >> but according to mrs. merkel, the ball is
.2948. >> some positive news for the european economy today. airbus has just signed the biggest civil aviation deal in history. it is with ryanair. >> it will provide a much-needed boost to the economy promising to secure 5000 jobs in france alone over the coming decade. >> the signatures are worth a lot of money. airbus will likely discount package of 234 plans, they have a list price of 18 billion euro. assembly will take part in france with parts from several european locations. it will be at capacity for four years. >> of bills meanwhile pride that we epitomize european success. we are working together to create jobs. >> the deal means more than money and well paying jobs. ryanair is a new customer for airbus. they have previously purchased all their planes from their arrival, boeing. >> the western-backed opposition is meeting in istanbul to p ick the new prime minister. the first tasks is creating a cabinet. >> the conflict is expected to escalate further with britain and france say they plan on our main local groups. especially when it comes to political and military priorities, they do
the week. the bureau could recover a little bit, despite economic disappointing data. the german economy seems to lose momentum. the ifo index dropped for the first time in a month. emma we stay in frankfurt for a closer look at the numbers. the dax fell just slightly, but bigger losses over the course of the week, finishing at 7911. that is how it went in the week in the euro stoxx 50. let's call it finishing flat. across the atlantic on wall street, the dow slightly higher, 14,496. the euro trading higher at a value of $1.2979. u.s. president barack obama has been in jordan this friday on the final leg of his middle east tour. talks with jordan's king focused primarily on the civil war in neighboring syria. >> obama said he was worried syria could become a haven for muslim extremists -- when, not if president assad is ousted. he urged the international community to work together to make sure there is a credible opposition ready to step into the breach. >> the final leg of barack obama's tour of the middle east will be dominated by one issue. with the conflict in syria on going, jordan
and the people are angry. the economy is on the edge. how is this a win? >> it is a win in a technical stents -- a sense. they would not fund -- because of that overnight agreement, that bankruptcy has been averted. on the ground, in reality, there are people there who are desperate to get money out. there are concerns in brussels about future bailouts. it is only a win in that very narrow definition of not having suffered the first bankruptcy of a national bank in the european union. but beyond that, we wait and see. >> as you indicated, this is not just cyprus. it is much broader. they are concerned to save -- to say the least. what guarantees do they have at their money is safe in the eurozone? >> if you are a small savor in the bank, bureaucrats here will tell you that cyprus was one off. yes, we came close to breaking bank accounts, but it did not quite happen, so rest calm. people responding to that is that so far, every time there has been a a lot or crisis, it has been a one off. greece was a one off and it could not happen again in that form. spain, portugal, italy. what's a cyprus h
in 2011. >>> the economy's recovering. iraq overtook iran last year to become the second largest oil produce iramong the members of petroleum exporting countries. only saudi arabia produces more. the volume of foreign investment is 20 times grater than it was four years ago. residents of baghdad can now spend their money at a shopping mall in the capitol. still shias show little sign of letting up in their fighting. >>> north korea's leader has called for rebuilding the country's light industrial sector. he said the aim is to become an economic power and improve the standard of living. state run tv reported that kim jong un made the speech at a meeting of industrial workers in pyongyang. he id denounced the joint exercises. pyongyang watchers say kim jong's announcement is over severe economic conditions. he is now reportedly the father of a baby girl. a source familiar with north korea/china relationsing told nhk that kim's wife gave birth in late january. the source learned about the birth from an official of the ruling korean worker's party. former player dennis rodman visited the
Search Results 0 to 7 of about 8 (some duplicates have been removed)